During the last Affordable Care Act open enrollment period I had numerous clients tell me they wanted Land of Lincoln has their insurance carrier. My response in every case was, “no you don’t!” I really thought they would be shut down by January 1. 2016. I guess I was off by about six or eight months. The State of Illinois has...

As the late great Paul Harvey used to say, “I am Paul Harvey, and this is the rest of the story.” I am reading in the Chicago Tribune that the health insurance rates for 2016 are going up an average of 6.1% in Illinois. It also says the national increase is 7.3%. Now these are based on the second lowest price Silver plan which is generally...

Insurance is about spreading risks. A bunch of people buy insurance against a risk that they will get hit with a major claim, most of them won’t a few of them will. We have insurance against the loss of our homes, as that is a major purchase, that we cannot just buy another one. It takes most people 30 years to pay off their home. We also acquire...

This week a new PREVENTATIVE SERVICE was added to the Patient Protection And Affordable Care Act (PPACA). Now contraception will be covered at 100%. This law has gone wild with entitlement spending. Not only does it not make health care affordable it continues to add cost to health insurance. Someone has to pay for this. I am quite certain the...